Glendale, CA 91201,1128 Irving AVE
Glendale, CA 91201,1128 Irving AVE
Glendale, CA 91201,1128 Irving AVE
Glendale, CA 91201,1128 Irving AVE
Glendale, CA 91201,1128 Irving AVE
Glendale, CA 91201,1128 Irving AVE
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$1,825,000

$1,875,000

2.7%
Est.Price: ?

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Est. payment /mo

6 Beds

5 Baths

2,902 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $1,825,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,902 sqft

Price per Sqft $628

MLS Listing ID 24427979

Sold Date 09/30/24

Bedrooms 6

HOA Y/N No

Year Built 1925

Lot Size 6,555 Sqft

Property Description

With the majority of the units completely remodeled in recent years, the property offers improved cash flow along with a road map to add value to the remaining units. The property is not subject to Los Angeles Rent Control, instead allowing an investor to more rapidly increase rents via AB 1482. Featuring a separate two-bedroom house in front of a quadruplex, the property benefits from extensive upgrades in recent years. Remodeled units feature in-unit washer/dryers, updated kitchens and bathrooms, recessed lighting, and wood flooring. This location features strong tenant demographics, with several major employers nearby in both Glendale and Burbank. Walt Disney Studios, Warner Brothers Studios, Walt Disney Imagineering, and Dreamworks Animation are all within a short distance. The Los Angeles Zoo, Griffith Park, Universal Studios, and the Los Angeles Equestrian Center are all situated near the property as well. The high-end Americana at Brand and the remodeled Glendale Galleria are both a short drive from the property, as are the Burbank Town Center and Burbank Empire Shopping Center. The largest IKEA store in North America sits within blocks of the property, as do Trader Joe's, Ralphs, CVS, The Home Depot, and Smart & Final.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4YY

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5621040014

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
Bought with Andre Isakhanian • Promatrix Realty
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6 Jenner, Unit # 250, Irvine, CA, 92618

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